Budget revenues surpassed targets by 1.6 pct in August, the Finance Ministry said on Monday.
In an announcement, the ministry said that budget revenues totaled 4.055 billion euros in August, up from a budget target of 3.991 billion euros. The ministry attributed this positive development to a 28.17 pct increase in tax agency revenues in the month, boosted by payment of the first installment of income tax which was delayed for one month because of the imposition of capital controls on banks. The ministry said that tax controls jumped to 39,614 in the June-August period, sharply up from 22,275 in the same period last year and 7,115 in 2013.
The Finance ministry said it expected VAT revenues to grow in September and most notably in October.
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!